Monday, May 7, 2012

Russian Mafia Organizes Russian Cybercrime Market, Doubles in Size

Below, a report about
Russian Cybercrime issued by Group-IB.

Key Trends in 2011

·Russian
Cybercrime Doubles: The global cybercrime
market was more than $12.5 billion in 2011. The global Russian speaking
component of that market was more than $4 billion; and the Russian national
cybercrime market was $2.3 billion, essentially doubling last year’s
number of $1.2 billion.

·Online
Fraud and Spam Account for More than Half of Russian Cybercrime: In 2011, the largest type of Russian cybercrime was online
fraud at $942 million; followed by spam at $830 million; cybercrime to
cybercrime, or C2C (including services for anonymization and sale of traffic,
exploits, malware, and loaders) at $230 million; and DDoS at $130 million.

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